August 16, 2019

KRUGMAN: The smart money thinks Trumponomics is a flop.

Live shot of Trump economic team preparing for possible downturn 1/

..................

Neither I nor anyone else is predicting a replay of the 2008 crisis. It’s not even clear whether we’re heading for recession. But the bond market is telling us that the smart money has become very gloomy about the economy’s prospects. Why? The Federal Reserve basically controls short-term rates, but not long-term rates; low long-term yields mean that investors expect a weak economy, which will force the Fed into repeated rate cuts.

So what accounts for this wave of gloom? Much though not all of it is a vote of no confidence in Donald Trump’s economic policies. [...] Yes, the tax cut gave the economy a boost — a “sugar high.” Running trillion-dollar deficits will do that. But the boost was temporary. In particular, the promised boom in business investment never materialized. And now the economy has reverted, at best, to its pre-stimulus growth rate.


https://www.nytimes.com/2019/08/15/opinion/trump-economy.html?login=email&auth=login-email
https://twitter.com/paulkrugman/status/1162362767648657408

August 16, 2019

PRINCE KIELSEN: Send a money order for $600,000,000 to my account and I will give you "Greenland."

Honored sirs, I am PRINCE KIELSEN and I am contacting you with exciting opportunity. I recently inherited an island but need a small amount of cash. Send a money order for $600,000,000 to my account and I will give you “Greenland.”

https://twitter.com/YAppelbaum/status/1162123948391317504

August 16, 2019

This Toon Tells The Truth & I Am Pasting It Everywhere

https://twitter.com/BGPolitics/status/1162358690349010944
https://taxfoundation.org/federal-aid-reliance-rankings/

August 16, 2019

de Adder:

August 16, 2019

"Trumpgret" today:

When Chad Johansen voted for Donald Trump in 2016, he hoped he was picking someone who could help small-business owners compete with bigger companies. But that hasn’t happened, and now the 26-year-old owner of NH iPhone Repair feels what he calls “Trumpgret.”

The Republican president has done little to address health care issues for a small employer, he said, and the Manchester man remains on edge about how Trump’s tariffs could affect his business, which employs fewer than 10 people. Beyond that, he said, unrelenting news about bigotry and racism in the Trump administration is “a turnoff.”


“The president’s supposed to be the face of the United States of America,” said Johansen, who voted for Democrat Barack Obama in 2012. “And supposed to make everyone be proud to be an American and stand up for everyone who is an American. And I don’t feel that President Trump’s doing that. I feel like it’s chaos.”


MORE:
https://www.concordmonitor.com/Trump-s-New-Hampshire-struggle-Voters-feeling--Trumpgret--27753167

August 16, 2019

Greenland Answers Trump!

https://twitter.com/joshtpm/status/1162339690369953792
https://talkingpointsmemo.com/news/greenland-not-for-sale-trump

August 16, 2019

Lump in my throat...

@andersoncooper

You said "what punishment of gods are not gifts. Do you really believe that?" @andersoncooper, choking back tears, asks Stephen Colbert, as they discuss grief.

"Yes," replies the comedian. "It's a gift to exist and with existence comes suffering. There's no escaping that."

VIDEO:
https://twitter.com/AC360/status/1162183695270387712

August 16, 2019

Man potus said has a "serious weight problem" was actually one of his supporters, not a protestor

The man the president said has a “serious weight problem” was actually one of his supporters, not a protester,



https://twitter.com/ddale8/status/1162324915237904385

August 16, 2019

OMG! Lou Dobbs edits video to claim incident in RI was protestors attacking truck driver!

LOL. Lou Dobbs recasts incident at RI immigrant detention facility as attack on truck driver by selectively slo-moing the footage and editing out the part when the ICE guard (now suspended) intentionally ran into/over demonstrators.

Video
https://twitter.com/joshtpm/status/1162165142311907334


Unedited Video:
https://twitter.com/_SJPeace_/status/1161876225142530048

August 15, 2019

Asked if Steve King should resign, Trump says these things in rapid succession:

"I don't know the situation with Steve King"; I've read the statement; I haven't been briefed on the statement; it certainly wasn't a good statement.

https://twitter.com/ddale8/status/1162111196591468565